California Law Banning Contingency Fee Sharing With ABS Firms Just a ‘Smaller Battle in That Bigger War’
By Jon Campisi
Jeffrey Lowe, CenterPeak’s Market President of Washington D.C., warns that California's recently passed Assembly Bill 931—which prohibits contingency fee sharing between California-licensed attorneys and out-of-state alternative business structure firms—represents just one battle in a much larger war over the future of legal services. While the law creates immediate barriers for firms like KPMG seeking to leverage Arizona's ABS licensing for cross-border legal work, Lowe cautions that the substantial financial power backing these alternative structures means the fight is far from settled.
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